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In the 13th century, paper money turned identified in Europe through the accounts of vacationers, such as Marco Polo and William of Rubruck 19 Marco Polo’s account of paper money through the Yuan dynasty is the subject of a chapter of his guide, The Travels of Marco Polo , titled ” How the Nice Kaan Causeth the Bark of Bushes, Made Into One thing Like Paper, to Go for Money All Over his Country” 20 Banknotes had been first issued in Europe by Stockholms Banco in 1661, and had been again additionally used alongside cash.
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